Market Overview

Global Surgical Clips Market by Material Type, Type, Surgery Type and End User - Forecast to 2025 - ResearchAndMarkets.com

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The "Surgical
Clips Market by Material Type, Type, by Surgery Type and End User -
Global Opportunity Analysis and Industry Forecast, 2018-2025"

report has been added to ResearchAndMarkets.com's
offering.

The market was valued at $4,849 million in 2017, and is expected to
reach $7,322 million by 2025, growing at a CAGR of 5.2% from 2018 to
2025.

Growth in a number of surgical procedures across the globe, rise in
adoption of surgical clips, technological advancements in surgical
clips, and increase in awareness of surgical clips are the major factors
that drive the growth of the surgical clips market, globally. Some other
factors such as better clinical outcomes, cost effectiveness, and
greater convenience further boost the market growth. However,
complications associated with surgical clips such as migration of the
clips are expected to hinder the market growth.

Based on type, presently, the ligating clips segment dominates the
global market, and is anticipated to continue this trend during the
forecast period. However, the aneurysm clips segment is expected to
exhibit rapid growth in the market during the forecast period, due to
increase in prevalence of aneurysm, and growth in demand for aneurysm
clipping.

Based on material type, presently, the titanium surgical clips segment
dominates the global market, and are estimated to remain dominant during
the forecast period, owing to their advantages such as inertness, and
cost effectiveness. While, the demand for polymer clips is expected to
increase during the forecast period, owing to the growth in demand for
absorbable surgical clips.

Depending on surgery type, presently, the manual surgery clips segment
is the major revenue contributor, as surgical procedures are preferably
performed manually due to the cost effectiveness associated with them.
However, the automated surgical clips segment is expected to experience
fastest growth in the market during the forecast period, owing to growth
in awareness about robotic surgeries.

Companies Profiled

  • Ackermann Medical GmbH & Co.
  • B. Braun Melsungen AG
  • Boston Scientific Corporation
  • Edwards Lifesciences Corporation
  • Grena Ltd.
  • Johnson & Johnson
  • Lemaitre Vascular Inc.
  • Medtronic Plc
  • Scanlan International Inc.
  • Teleflex Incorporated

For more information about this report visit https://www.researchandmarkets.com/research/bm9zrt/global_surgical?w=4

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